Aereo assets fetch under $2m

The assets of OTT TV service Aereo have been sold to three buyers for a combined sum of under US$2 million. This effectively brings to an end the story of Aereo, which went up against the US broadcasters in court over the right to stream their broadcast signals and lost last year. Television technology company […]

Aereo files for bankruptcy

Controversial US TV streaming service Aereo has filed for Chapter 11 bankruptcy, citing the regulatory and legal challenges to the company that “have proven too difficult to overcome”. In a blog post announcing the move, Aereo said that it has appointed Lawton Bloom of Argus to serve as Aereo’s chief restructuring officer and claimed that […]

CBS ‘would sell content’ to Aereo

CBS’s CEO Les Mooves has said he would sell content to streaming service Aereo, which was soundly defeated by America’s broadcasters in court earlier last month. Moonves, who is one of Aereo’s largest critics, said CBS Corp. was “willing to talk” to the company about a licensing agreement, adding: “The door was open and is […]

Aereo suspends service but is ‘far from done’

Following its damaging legal defeat last week, US cloud TV service Aereo has suspended its operation, but is already planning how it will hit back. The decision has been made to “temporarily” pause operations as the company maps out its “next steps”. All paying customers will be refunded their last paid month as a consultation […]

Aereo ruling ‘will not end tech threat to broadcasters’

“Disruptive” business models of emerging tech firms still threaten broadcasters, despite the US networks’ legal victory over streaming service Aereo, financial analyst Moody’s says. The US broadcasters scored a decisive win at the Supreme Court this week, with a majority decision agreeing Aereo was illegally profiting from retransmitted network signals via the internet. This effectively […]

Broadcasters celebrate as Aereo ruled illegal

US broadcasters have come together in celebration after the Supreme Court ruled OTT streaming service Aereo illegal. The Supreme Court ruled by a majority of six to three that Aereo’s strategy of charging customers a monthly fee for retransmitted streams of US broadcast channels violated copyright and should stop. The judgement has been on the […]

Aereo faces Supreme Court today

Aereo faces its ultimate test today, as the US Supreme Court hears the case brought against the controversial streaming and remote DVR service by US broadcasters. Aereo lets users watch and record broadcast television over the web for US$8 (€5.86) per-month. The Supreme Court agreed to review the case after a series of legal judgements […]

Funding round scores broadcaster threat Aereo $34m

Over-the-air US retransmission service Aereo has secured US$34 million in its latest funding round to support “rapid nationwide expansion and increased investments”. The news comes ahead of a key legal ruling in its battle against the US broadcasters over the legality of the service. After the Series C funding round, Aereo now counts respected media […]

Alki David’s FilmOn inks deal with Spain’s RTVE

Over the top service FilmOn has inked a deal with RTVE and will stream the Spanish pubcaster’s content in international markets. An international version of TVE will be launched by FilmOn, the digital service run by Greek entrepreneur Alki David. The revenue-share deal with the Spanish broadcaster involves FilmOn making TVE available on PCs and […]

Aereo sued in Boston

US channels retransmission service Aereo is being sued in Boston, following its launch in the city in May. Traditional TV broadcasters have been seeking to get online subscriptions service Aereo stopped by US law courts since it first launched in New York last year, and Boston local channel WCVB has now launched a suit against […]